President Donald Trump has identified billionaire Ronald Lauder for near 50 years. But, even because the president is down within the polls, the inheritor of Estée Lauder Firms has been nearly silent on whether or not he’ll help Trump in his re-election effort this 12 months. Lauder, who has a net-worth of just below $5 billion in response to Forbes, hasn’t given any cash to assist Trump’s bid since final summer time. He gave $200,000 to the Trump Victory joint fundraising committee in August 2019, in response to Federal Election Fee filings. Since then, Lauder has recorded no contributions to both the president’s marketing campaign, his joint fundraising committees, the Republican Nationwide Committee or the pro-Trump tremendous PAC America First Motion. A single donor is allowed to provide virtually $600,000 to Trump Victory. Fundraisers and pals of the president’s have but to listen to from Lauder on whether or not he plans to provide bigger contributions to Trump’s reelection, in response to folks aware of the matter, who declined to be named as these conversations had been deemed personal. Eric Soufer, a spokesman for Lauder, instructed CNBC that the businessman is presently targeted on aiding faculties in Europe which were impacted by the coronavirus pandemic. “For the reason that onset of the pandemic, Mr. Lauder has been targeted on rescuing the 35 faculties he based in Jap Europe, amongst others, and overlaying the total tuition for households which were devastated by the present financial and public well being disaster,” Soufer mentioned on Friday.The assertion, which didn’t point out Trump, was a response to CNBC’s inquiry about whether or not Lauder deliberate to spend more cash to again the president’s marketing campaign.Representatives for the Trump marketing campaign and RNC didn’t return requests for remark. Whereas Lauder has traditionally not written giant checks to Trump-related entities, he has spent extra in earlier cycles backing Republican teams that always align with the president’s agenda. Information present that he didn’t contribute to Trump’s preliminary run for president in 2016. Nonetheless, Lauder has stood with the president on quite a lot of points and has the assets the place he could possibly be a key asset to Trump’s reelection. In 2018, he put out an announcement praising Trump’s “unimaginable perception and intelligence.” In 2017, when Trump spoke in entrance of the World Jewish Congress, a company Lauder leads, the president referred to as him a pal. “I need to thank Ronald Lauder, not just for his a few years of friendship – and he actually has been my good pal, he even predicted early that I used to be going to win the presidency – but in addition for his management of this group. He has accomplished a improbable job,” Trump mentioned on the time. Trump trails rival Joe Biden by greater than seven factors within the Actual Clear Politics nationwide polling common. Nonetheless, his fundraising operation has remained sturdy. In July, Trump’s marketing campaign raised $165 million at the side of the RNC. Biden, together with the Democratic Nationwide Committee, introduced in $140 million over that very same time interval. Trump went into August with $300 million readily available in comparison with Biden’s $294 million. Lauder’s ties to Trump have come beneath hearth from Estée Lauder staff. Lately, greater than 100 staff despatched a letter to the corporate’s chairman, William Lauder, asking for the elimination of Ronald Lauder from the board. The letter arrived in the course of the nationwide protests for George Floyd, an unarmed black man who was killed by Minneapolis law enforcement officials.Lauder has since publicly defended his historical past in preventing in opposition to anti-Semitism and racism.He is presently the president of the World Jewish Congress, which represents Jewish communities and organizations in over 100 international locations. He based and pledged $25 million to the Anti-Semitism Accountability Venture, or ASAP, which focuses on holding lawmakers accountable for what Lauder deems as anti-Semitic views. Lauder has additionally mentioned he’s increasing his anti-Semitism marketing campaign to incorporate causes for racial injustice. The group added an internet portal initially of the coronavirus pandemic to ensure that folks to report hate crimes and for the group to “observe traits of COVID-inspired discrimination throughout the nation.” Trump himself has been criticized for feedback that, at occasions, seem to focus on minorities. He referred to as protesters in Minneapolis “thugs” and has repeatedly disparaged undocumented immigrants. Lauder has spent extra in prior cycles backing Republican teams then he has in 2020. Whereas the organizations he supported aren’t meant to instantly assist Trump, they’re for causes which can be linked to the president’s occasion. In 2018, he was the highest donor to a brilliant PAC titled Nationwide Horizons. He contributed a minimum of $1.6 million to the PAC, which spent virtually 60% of its donations on media assaults that had been largely both in opposition to Democrats or in assist of Republicans working for Home and Senate seats, in response to information from the nonpartisan Middle for Responsive Politics. These focused by the PAC embody Sen. Kirsten Gillibrand, D-N.Y.,Reps. Colin Allred, D-Texas., Anthony Brindisi, D-N.Y., and former Texas Senate nominee, Beto O’Rourke. The group’s web site criticizes Home Speaker Nancy Pelosi, D-Calif., and Senate Minority Chief Chuck Schumer, D-N.Y. “In a marketing campaign the place unions and different liberal particular pursuits are turning the spigot huge open with marketing campaign cash and organizational muscle, teams like Nationwide Horizon are the perfect weapon to defeat the Left,” the web site says. In 2016, Lauder gave $700,000 to Nationwide Horizon and spent over $66,000 on the Nationwide Republican Congressional Committee and the Nationwide Republican Senatorial Committee.